Logistics Logistics is the management of the flow of goods‚ information and other resources‚ including energy and people‚ between the point of origin and the point of consumption in order to meet the requirements of consumers (frequently‚ and originally‚ military organizations). Logistics involves the integration of information‚ transportation‚ inventory‚ warehousing‚ material-handling‚ and packaging‚ and occasionally security. Logistics is a channel of the supply chain which adds the value
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Question No. 1. Write Short Notes on: 1. Materials Requirement Planning Material Requirements Planning (MRP) is a computer-based production planning and inventorycontrol system. MRP is concerned with both production scheduling and inventory control. It isa material control system that attempts to keep adequate inventory levels to assure that requiredmaterials are available when needed. MRP is applicable in situations of multiple items with complexbills of materials. MRP is not useful for
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Case Abstract- Logistics industry in India has seen a tremendous growth in the last decade. In 2010 it recorded revenues of about US$ 82 billion. It generates employment for 45 million people in the country. The industry is forecasted to grow at a CAGR of approximately 8-9% over the next few years. The primary growth drivers in the industry are: Investments in the infrastructure sector Streamlining of indirect tax structure with introduction of VAT and the proposed GST Robust trade growth
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Questions 1. How is Walmart deriving business value from its sustainability strategy? 2. Imagine that you are Andy Ruben or Tyler Elm‚ Evaluating the progress of the electronics‚ seafood‚ and textile networks. Which of these networks have been most successful in creating business value by reducing environmental impacts? What factors explain the success (or lack of success) of these networks? 3. How is Walmart motivating its suppliers to share information about and reduce the environmental impacts
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Summary: Agile Logistics‚ a Singapore based warehousing and logistics specialist‚ is a well-recognized third-party logistics (3PL) provider. Agile Logistics has the know-how to power their customers’ supply-chain - delivering intelligent solutions that streamline efficiencies and boost their customers’ bottom line. Agile Logistics wanted to design‚ fabricate and commission a new computer-controlled system for automatic placement‚ storage and retrieval of standardized shipping containers.
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there are some other factors‚ like management etc.‚ that you need in order to lead a successful theme park. But some of those are not really relevant to logistics. That is why I chose to concentrate on the above list of things. The attractions: The first thing I think of when I think of a theme park are the attractions‚ the question concerning logistics that immediately pops into my mind is: How do you get such large attractions to the destination they are needed? These attractions are not carried
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means of bulk material handling. The cost of material handling is a significant portion of total production cost is estimating about 20 to 25% of total manufacturing labor cost. In this analysis of the material handling system‚ a detailed study of logistics management and belt conveyor system has been done. A special attention has been given for the enhancement analysis of belt conveyor system and possible solutions are recommended to the company. 2. INDUSTRY PROFILE Agriculture which accounts
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Information Sam Walton opened their first Walmart store since July 2‚ 1962. “People think we got big by putting big stores in small towns. Really‚ we got big by replacing inventory with information.” They opened their first store in Rogers‚ Arkansas. By 1967 they owned 24 stores and bringing in $12.7 million in sales. By 1970 Walmart went national. They also became a publicly trading company. In 1980’s the first Sam’s Club opened and the first Walmart Supercenter opened as well. It combines a supermarket
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Integrated Virtual Logistics Network for Quick Responses By Diatha Krishna Sundar October 2001 Please address all correspondence to: Professor Diatha Krishna Sundar Associate Professor & Chairperson - ERP Centre Indian Institute of Management Bangalore Bannerghatta Road Bangalore 560 076 Phone : 080 - 6993276 Fax : 080-6584050 E-mail : diatha@iimb.ernet.in Electronic copy available at: http://ssrn.com/abstract=2160390 Working Paper on Integrated Virtual Logistics Network for Quick Responses
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Innovation of Agriculture Logistics Managing Food Inflation © 2011 KPMG‚ an Indian Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”)‚ a Swiss entity. All rights reserved. About the study This is a briefing paper written by KPMG that assesses the underlying reasons for the high levels of inflation in the food economy of the country and its subsequent impact on innovations in business models
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